Heh: > Economic inequality does not solve itself. Markets are not perfect, self-correcting mechanisms. At one point, Andreessen writes “The market naturally di

Heh: > Economic inequality does not solve itself. Markets are not perfect, self-correcting mechanisms. At one point, Andreessen writes “The market naturally disciplines (…) Markets prevent monopolies and cartels.” I take this as evidence that he doesn’t read any actual economists. One could make an argument that the 90s techno-optimists did not yet know any better (we were just trying global capitalism for the first time, maybe it’d work great!). But, for a Silicon Valley set that likes to pretend at being hardcore Bayesian rationalists, there is something downright comical about how they have managed, across the past thirty years, not to update a single one of their priors.